As explained in the Taxes on corporate income section, The WHT levied on services is 24%, which covers IBS, TAP, and VAT (i.e. three taxes in one). The calculation base is the gross amount of the services invoiced. In principle, it could be reduced or removed by a DTT.
The WHT levied on dividends (10% for residents and 15% for non-residents) and the 10% WHT levied on interest can be reduced in the presence of a DTT.
The WHT levied on royalties is 24%. In the presence of a DTT, the WHT cannot exceed 5%, 10%, or 12%, depending on different cases.
Last Reviewed - 09 November 2018